Smart Contract Security Vulnerabilities

A smart contract is a concept of computer protocols that helps to facilitate blockchain technology. This blockchain-based public ledger all participating transactions. It considered self-executable application and contains predetermined rules. also operates by decentralizing networks are shared between parties, this execution contracts parties could be securely done without middleman or third party. With technology, developers provide an efficient framework ensure security issues. While the new has successfully been developed prevent problems fraud hacking, there still considerable risk concerning confidentiality. Therefore, we should not underestimate matter. study aims review potential risks may take place on contracts. In addition, options assist in order viable guidance, avoiding these vulnerabilities.